Jack Dorsey Urges Bitcoin To Become a Daily Payment Method, Sparking Debate

Tech Entrepreneur Jack Dorsey believes Bitcoin will fail if it remains solely a long-term investment. He argues that for Bitcoin to thrive, it must transition into everyday payment functionality like traditional currency. In an interview on the Spiral podcast, Dorsey emphasized the need to return Bitcoin to its original purpose as a means of quick and secure transactions. This call for practical application clashes with the prevailing view that Bitcoin should primarily serve as a store of value. Dorsey’s vision challenges the dominant understanding of Bitcoin’s potential and the long-term viability of its current form.